Daily Archives: June 2, 2017

Accountability Court awards 5-year RI in Hajj cheating case

National-Accountability-Bureau

ISLAMABAD: Accountability Court has convicted an accused and sentenced for five year rigorous imprisonment with Rs2.3 million fine in a case of cheating pilgrims, said a statement issued by National Accountability Bureau (NAB) on Friday.

Punjab presents over Rs1,970 billion budget 2017/2018

LAHORE: Punjab Finance Minister Dr Ayesha Ghous Pasha on Friday presented Rs 1970.70 billion provincial budge, the largest in the history of the province, for the fiscal year 2017-2018.

SBP invites suggestions for promotion of software exports

State_Bank_of_Pakistan_logo.svg_

KARACHI: State Bank of Pakistan (SBP) has invited suggestions for promotion of software exports.

Dar direct FBR to finalize tax collection strategy for fiscal year 2017/2018

fbr

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to finalize revenue collection strategy for fiscal year 2017/2018.

CPI inflation increases by 5pc in May 2017

pbs

ISLAMABAD: The head line inflation based on Consumer Price Index (CPI) has increased by 5 percent on year-on-year basis in May 2017 as compared to an increase of 4.8 percent in the previous month and 3.2 percent in May 2016.

Duty concessions for import of machinery, vehicles for new and under construction power projects

pak_customs

KARACHI: Federal Board of Revenue (FBR) has allowed duty concessions at 3 percent and five percent on import of machinery and vehicles for new and under construction power projects.

Duty exemption on import of vehicles, machinery for Thar Coal Field

pak_customs

KARACHI: Federal Board of Revenue (FBR) has allowed exemption from customs duty on import of coal mining machinery, equipment, spares, including vehicles for site use i.e. single or double cabin pickups to be used for Thar Coal Field.